@pluralistic "to attempt the forced sale of the sole Chinese tech giant with a US footprint to a US company, to ensure that its rampant privacy violations are conducted by our fellow Americans, and to force Chinese spies to buy their surveillance data on millions of Americans in the lawless, reckless swamp of US data-brokerages:"
A.K.A. - We want the whole pie to ourselves, and we're willing to use the system designed to control Americans to get it.
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🔒 Is GDPR Losing Its Bite? Has It Failed to Live Up to the Hype? 🚫
With the threat of hefty fines, 4% of annual turnover or 20 million euros, whichever was more considerable, GDPR came out of the gate swinging, but with very few penalties hitting these headline-grabbing figures, has GDPR done what it set out to do?
Does GDPR need significant fines to be effective? The recent ISMS.online State of Information Security report highlighted that the average penalty for non-compliance is £250,000. For most businesses, that's a significant sum.
As GDPR turns five, Dan Raywood explores the hype surrounding the data privacy regulation and asks, are CEOs still taking it seriously?
👉https://www.isms.online/data-protection/are-businesses-still-taking-gdpr-seriously/
#GDPR #DataProtection #ComplianceEnforcement #PrivacyRegulation
As we mark five years since the GDPR came into force, has a lack of significant fines caused some CEOs not to take it so seriously? Dan Raywood looks at whether GDPR failed to live up to the hype. In the run-up to May 2018, the expectation of GDPR was that this would be a significant game changer in compliance enforcement. From the first conversations around data protection reform, it was clear that the level of enforcement was going to be more significant than the £500,000 maximum monetary penalty the Information Commissioner's Office (ICO) had begun to issue in 2011.